BBY US0865161014

Report

Real-time Estimate Cboe BZX - 01:08 2022-10-06 pm EDT
67.35	USD		-0.82%

09/29	DoubleVerify Collaborates with Best Buy to Offer Measurement Tools to Advertisers	MT
09/27	Evercore ISI Adjusts Best Buy Co Price Target to $80 From $90, Maintains Outperform Rating	MT
09/26	Tronox, Best Buy fall; Wynn Resorts, PG&E rise	AQ

Company

Business Summary

Best Buy Co., Inc. specializes in retail distribution of consumer electronic products and entertainment products. The group provides primarily computing products (computers, peripherals, software), hi-fi products (televisions, DVD players, etc.), cameras, mobile phones, audio systems and home appliances (washers, refrigerators, etc.). Net sales break down by area of activity as follows:

- the United States (92.4%): activity insured, at 29/01/2022, through a network of 984 stores distributed by names mainly between Best Buy (938) and Pacific Sales (21);

- Canada (7.6%): 160 stores distributed between Best Buy (127) and Best Buy Mobile (33).

Products are also marketed through Websites (primarily Bestbuy.com, BestBuyMobile.com, GeekSquad.com, MagnoliaAV.com, PacificSales.com, and FutureShop.ca).

Number of employees : 105 000 people.

Sales per Business

	2021		2022		Delta
Domestic	43 293.00	91.6%	47 830.00	92.4%	+10.48%
International	3 969.00	8.4%	3 931.00	7.6%	-0.96%
USD in Million

Sales per region

	2021		2022		Delta
United States	43 293.00	91.6%	47 830.00	92.4%	+10.48%
Canada	3 600.00	7.6%	3 911.00	7.6%	+8.64%
Other	369.00	0.8%	20.00	-	-94.58%
USD in Million

Managers

Name	Title	Age	Since
Corie Barry	CFO & Chief Strategic Transformation Officer	45	2018
Matthew Bilunas	Chief Financial Officer	49	2019
Brian Tilzer	Chief Digital & Technology Officer	50	2018
Daniel Grossman	Chief Medical Officer	-	2019
Keri Grafing	Chief Compliance Officer	-	-
Mollie O'Brien	Head-Investor Relations	-	-
Todd Hartman	Secretary, EVP, Chief Risk & Compliance Officer	55	-
Jason Bonfig	Chief Merchandising Officer	-	2019
Frank Crowson	Senior Vice President & Head-US Marketing	-	2017
Allison Peterson	Chief Customer Officer	-	-

Members of the board

Name	Title	Age	Since
J. Doyle	Chairman	57	2020
Lisa Maria Morris Caputo	Independent Director	57	2009
David Kenny	Independent Director	59	2013
Thomas L. Millner	Independent Director	67	2014
Karen Anne McLoughlin	Independent Director	57	2015
Richelle P. Parham	Independent Director	53	2018
Eugene A. Woods	Independent Director	56	2018
Mario Marte	Independent Director	47	2021
Steven Rendle	Independent Director	61	2021
Claudia Fan Munce	Director	61	2016

Equities

	Vote	Quantity	Free-Float		Company-owned shares		Total Float
Stock A	1	225,130,807	200,825,440	89.2%	0	0.0%	89.2%

Shareholders

Name	Equities	%
Capital Research & Management Co.	86,772,950	38.5%
The Vanguard Group, Inc.	25,169,732	11.2%
Richard Schulze	23,617,050	10.5%
JPMorgan Investment Management, Inc.	10,086,648	4.48%
SSgA Funds Management, Inc.	9,181,562	4.08%
Thornburg Investment Management, Inc.	6,001,572	2.67%
T. Rowe Price Associates, Inc. (Investment Management)	4,845,844	2.15%
Harris Associates LP	4,776,300	2.12%
BlackRock Fund Advisors	4,527,621	2.01%
Geode Capital Management LLC	4,148,244	1.84%